your math is off where do you get 600,000 its 32,905 @ 3.19 basis
your math is off its 32,905 shares at 3.19 avg cost
MY LOTS
# SHARES PP SH
NAVB 500 3.46
NAVB 1,900 5.34
NAVB 300 5.33
NAVB 2,100 4.94
NAVB 11,000 3.26
NAVB 400 2.24
NAVB 2,150 2.32
NAVB 4,150 2.64
NAVB 590 5.14
NAVB 1,000 3.44
NAVB 400 3.41
NAVB 660 3.21
NAVB 740 3.18
NAVB 1,480 2.21
NAVB 200 2.20
NAVB 5,335 2.38
32,905
never shorted a stock ever don't even know how
30,000 shares
I am still here didn't sell my 30,000 shares trying to be patient. GLTA
We can all agree on this but when will it happen 2014? Late 2013? Never???? Anyone ??
Sentiment: Hold
come on longs lets go
He's right nothing in the next few months will help the stock price
Not everyone has money sitting around to sink into this pos which goes lower every week. Even if I had money I wouldn't buy more I have enough. I averaged down as much as I could still down 30,000 on this POS and these short covering theories are getting old. The consensus was 5 or 6 on approval and we got 2.35. In 6 Months it's gonna be the same crapola theories abound and the price will still be stuck.
The shorts will never let this go back up opposite what many on here contemplate. If there is a cash shortfall even with the credit line they will surely do a shelf offering, at that point the stock will be lower than it is now then they will drive this stock into the ground below a buck. There is no clarity in what sales will be only what analysts estimate by the way the same analysts who all had this stock price Predicted incorrectly at 5 or 6 from a year ago. I would sell now if you truly believe it will recover there will be better entry points than here as this will continue to drift lower.
The problem with 6 to 12 months is the stock could drift lower to below 2 won't it be more difficult to overcome such a large deficit???? If they ever need to tap the equity markets the price will be so low it might not be favorable to navb as the lower the share price the more shares they have to issue.
No one told you this is the greatest investment ever if you like torture
When will the shorts unwind? 2014? 2015?
Are those figures net of short positions or long only positions.
Until revenue come out the rat of this is noise. There is no projection from management regarding revenues it's going to take a few quarters so see if sales are good, again we are looking at a 2014 event.
What news will it take?? How can we be below the crl price?? Why aren't more
Institutions buying at these Levels this would drive the price up?? Insider buying why no activity??? Many questions unanswered and the stock price is pathetic. I have a feeling this could go on for another year.
when does NAVB receive the cash from prior quarter revenue I recall it was a certain amount of days after the quarter end. Does anyone know???
fair value is 2.44
does anyone know if a broker can lend out shares in an IRA account? I wouldnt think so.